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Technical Analysis of the Banking Stocks

The NGX BANKING INDEX was designed to provide an investable benchmark to capture the performance of the banking sector, this index comprises the most capitalized and liquid companies in banking.

The index is based on the market capitalization methodology. A summary of the technical analysis of all the banks in the banking sector under the NGX banking index, in alphabetical order (A-Z) from Access Holdings Plc to Zenith Bank Plc.

The analysis were given based on the weekly time frame making use of same indicators on all the stock price chart and stating the buy and sell levels of the indicators, the current trend, and analyst comment.

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